secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0001193125-22-265709
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watsco reports record Q3 sales $2.04B, EPS $4.03; raises dividend 11% to $9.80
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- Q3 revenue record $2.04B (+14%), EPS $4.03 (+11%), net income $186M (+13%).
- Nine-month sales $5.69B (+19%), EPS $11.86 (+36%), operating cash flow $359M (+12%).
- Annual dividend raised 11% to $9.80 per share, effective Jan 2023; 48 consecutive years of dividends.
- HVAC equipment sales +13% in Q3; residential heat pump sales +32% in Q3.
- E-commerce sales $2.3B LTM (+22%); OnCall Air GMV $269M (+47%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312522265709/0001193125-22-265709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312522265709/d392697d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-265709

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